CHINA: NEW LEADER OF THE GLOBAL CONSTRUCTION EQUIPMENT INDUSTRY

Key Takeaway: China’s construction equipment market is the total market value is USD $45.71 billion in 2017. Construction equipment sector forecasted to grow 10% per annum over a period of 2016-25. Construction equipment future demand remains strong with more large-scale projects are rolled-out in Western China  INTRODUCTION Figure 1: Machinery Sales Highest In China Source: […]

Renting Vs Leasing Industrial Equipment

industrial rental program

What is the difference between Renting or Leasing Industrial Rental Equipment? There are, though, many differences between leasing and renting. A lease, for instance, is a contract to rent an asset, be it land, a building, or machinery, for a set period of time, typically long term, at least for a year or more and […]

Construction Equipment Rental Market is Estimated to Expand Through 2023

affordable heavy equipment rentals

Market Insights There has been a massive upsurge in the modern construction of commercial and residential infrastructuresis highly anticipated that the construction equipment rental market will foster in the years to come. Market Research Future Reports have come up with its research report on the global construction equipment rental market, stating that it will rise […]